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Accumulated Other Comprehensive Loss (Tables)
6 Months Ended
Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule Of Accumulated Other Comprehensive Income (Loss)
Accumulated other comprehensive income (loss) included the following as of June 30, 2015 and December 31, 2014:
 
 
June 30, 2015
 
December 31, 2014
(Dollars in thousands)
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
 
Accumulated
other
comprehensive
income (loss)
 
Deferred
tax expense
(benefit)
 
Accumulated
other
comprehensive
income (loss),
net of tax
Unrealized gains on investment securities available for sale, net
$
4,259

 
$
1,655

 
$
2,604

 
$
8,343

 
$
3,245

 
$
5,098

Unrealized loss on cash flow hedge
(3,052
)
 
(1,177
)
 
(1,875
)
 
(4,337
)
 
(1,673
)
 
(2,664
)
Funded status of defined benefit plan
(84,923
)
 
(33,035
)
 
(51,888
)
 
(90,696
)
 
(35,281
)
 
(55,415
)
Total
$
(83,716
)
 
$
(32,557
)
 
$
(51,159
)
 
$
(86,690
)
 
$
(33,709
)
 
$
(52,981
)

The following table highlights changes in accumulated other comprehensive income (loss) by component for the three and six months ended June 30, 2015 and June 30, 2014:
 
Three months ended June 30, 2015
(Dollars in thousands)
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
20,551

 
$
(2,310
)
 
$
(53,652
)
 
$
(35,411
)
Other comprehensive (loss) income before reclassifications
(17,874
)
 
435

 

 
(17,439
)
Amounts reclassified from accumulated other comprehensive income (loss)
(73
)
 

 
1,764

 
1,691

Net current period other comprehensive (loss) income
(17,947
)
 
435

 
1,764

 
(15,748
)
Ending balance
$
2,604

 
$
(1,875
)
 
$
(51,888
)
 
$
(51,159
)
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2014
 
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
(2,835
)
 
$
(3,993
)
 
$
(9,766
)
 
$
(16,594
)
Other comprehensive income before reclassifications
19,325

 
350

 

 
19,675

Amounts reclassified from accumulated other comprehensive income (loss)

 

 
976

 
976

Net current period other comprehensive income
19,325

 
350

 
976

 
20,651

Ending balance
$
16,490

 
$
(3,643
)
 
$
(8,790
)
 
$
4,057

 
 
 
 
 
 
 
 
 
Six months ended June 30, 2015
 
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
5,098

 
$
(2,664
)
 
$
(55,415
)
 
$
(52,981
)
Other comprehensive income before reclassifications
728

 
789

 

 
1,517

Amounts reclassified from accumulated other comprehensive income (loss)
(3,222
)
 

 
3,527

 
305

Net current period other comprehensive (loss) income
(2,494
)
 
789

 
3,527

 
1,822

Ending balance
$
2,604

 
$
(1,875
)
 
$
(51,888
)
 
$
(51,159
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2014
 
Unrealized gains (losses) on available for sale securities1
 
Gains (losses) on cash flow hedges1
 
Defined benefit pension items1
 
Total
Beginning balance
$
(10,091
)
 
$
(4,434
)
 
$
(10,743
)
 
$
(25,268
)
Other comprehensive income before reclassifications
26,581

 
791

 

 
27,372

Amounts reclassified from accumulated other comprehensive income (loss)

 

 
1,953

 
1,953

Net current period other comprehensive income
26,581

 
791

 
1,953

 
29,325

Ending balance
$
16,490

 
$
(3,643
)
 
$
(8,790
)
 
$
4,057

1 All amounts are net of tax.
Reclassification out of Accumulated Other Comprehensive Income
(Dollars in thousands)
 
Three months ended June 30, 2015
Details about accumulated other comprehensive income (loss)
 
Amount reclassified from accumulated other comprehensive income (loss)1
 
Affected line item in the statement where net income is presented
Unrealized gains and losses on available for sale securities
 
$
147

 
Securities gains
 
 
(74
)
 
Income taxes
 
 
$
73

 
Net income
 
 
 
 
 
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(52
)
 
Employee benefits
     Actuarial losses
 
(2,835
)
 
Employee benefits
 
 
(2,887
)
 
Employee benefits
 
 
1,123

 
Income taxes
 
 
$
(1,764
)
 
Net income
Total reclassifications for the period
 
$
(1,691
)
 
 
 
 
 
 
 
 
 
Three months ended June 30, 2014
Details about accumulated other comprehensive income (loss)
 
Amount reclassified from accumulated other comprehensive income (loss)1
 
Affected line item in the statement where net income is presented
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(52
)
 
Employee benefits
     Actuarial losses
 
(1,546
)
 
Employee benefits
 
 
(1,598
)
 
Employee benefits
 
 
622

 
Income taxes
 
 
$
(976
)
 
Net income
Total reclassifications for the period
 
$
(976
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2015
Details about accumulated other comprehensive income (loss)
 
Amount reclassified from accumulated other comprehensive income (loss)1
 
Affected line item in the statement where net income is presented
Unrealized gains and losses on available for sale securities
 
$
5,273

 
Securities gains
 
 
(2,051
)
 
Income taxes
 
 
$
3,222

 
Net income
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(105
)
 
Employee benefits
     Actuarial losses
 
(5,668
)
 
Employee benefits
 
 
(5,773
)
 
Employee benefits
 
 
2,246

 
Income taxes
 
 
$
(3,527
)
 
Net income
Total reclassifications for the period
 
$
(305
)
 
 
 
 
 
 
 
 
 
Six months ended June 30, 2014
Details about accumulated other comprehensive icnome (loss)
 
Amount reclassified from accumulated other comprehensive income (loss)1
 
Affected line item in the statement where net income is presented
Amortization of defined benefit pension items
 
 
 
 
     Prior service costs
 
$
(105
)
 
Employee benefits
     Actuarial losses
 
(3,092
)
 
Employee benefits
 
 
(3,197
)
 
Employee benefits
 
 
1,244

 
Income taxes
 
 
$
(1,953
)
 
Net income
Total reclassifications for the period
 
$
(1,953
)
 
 
1 Amounts in parentheses indicate debits to profit/loss.